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Polkadot

You have to wait until the price stabilizes on the levels!DOT had a sharp downtrend over the past week. The price of this currency registered a sharp decline after failing to stabilize above the resistance range of $6.6-6.8, and the selling pressure broke the support of the $5.7-6 range. This bearish trend could continue if Bitcoin breaks back below the $16,000 range, taking the price down to key support in the $4.5-$5.14 area. Selling pressure and sellers' strength is still high, and this can be seen from the upper angle of the descending wave with the horizontal axis. To see the signs of reduction and removal of selling pressure, we can consider the positive divergence of the RSI indicator, the volume divergence, and a complete pullback to the downward trend line. With a higher probability in the channel range of $4, there is a possibility of a complete price reversal and trend change. Therefore, you should wait until the price stabilizes at the specified levels.
by MonoCoinSignal
3
Polkadot DOT price has nowhere to fall below. It's time for longIt's been a while since we did a DOTUSDT idea, then it's time to refresh our thoughts. As you can see from the chart, the DOT price is clearly moving from one liquidity level to another, we have marked them nicely on the chart. So, we assume that the price of the Polkadot token will consolidate a little more, buyers will gain strength and break up from the falling channel. Therefore, we make an assumption for ourselves about the possible movement of the DOTUSD price Long to $6.60 - correction - long to $7.90 - correction - long to $9.50-10 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
29
#dotusdt Trade setup: Following a bearish breakout from Sideways Channel ($7.00-10.00), price reached June lows of $6 and bounced up. Now approaching $7 resistance. (set a price alert). Trend: Neutral on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). OBV (On Balance Volume): is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium Support and Resistance: Nearest Support Zone is $6. The nearest Resistance Zone is $7 (previous support), then $10.
by Cryptbergofficial
#Polkadot Bottoming up, DOT up 16% as Bulls Aim at $8Past Performance of Polkadot Polkadot prices are down 30 percent from the August 2022 peaks, per the formation in the daily chart. Although the community expects DOT prices to recover after posting sharp double-digit losses from 2021 peaks, bears still have the upper hand. However, if DOT pierces above critical ceilings, the coin may surge to new Q4 2022 highs in a welcomed move. #Polkadot Technical Analysis Buyers are in control, and every low is an opportunity to accumulate. After sinking to register new 2022 lows in October, bottoming up from $5.74, the coin has since rallied 16 percent. At spot rates, there are bullish bars along the upper BB, pointing to solid upside momentum and support by traders. The spark is because of the wide-ranging bull bar of October 22 that pushed the coin above the resistance line, the middle BB, with expanding volumes. Even though the current coin's trade ranges are comparatively low to then, bulls have been resilient. Therefore, as long as DOT is above the middle BB and $6.28, the coin may race to September highs at around $8. What to Expect from #DOT? Buyers are bullish, and DOT is breaking out--a net positive. Prices are still within a bullish breakout formation as buyers press on. Since DOT is above the middle BB and $6.28 support, traders can target new Q4 2022 highs at $8 or better. Resistance level to watch out for: $8 Support level to watch out for: $6.28 Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Polkadot (DOT) - November 1Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) It is important to be able to rise above the 11.72-14.93 section. To do that, we need to see if we can sustain the price above 7.74. (1D chart) The key is whether it can be supported in the 6.28-6.60 section or higher. If not, you need to make sure it is supported at 5.96 or higher. If support is found above 6.60, it is expected to lead to an attempt to move above 7.16. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
DOT is going to reach 4.9$ or 7.7$DOT is in a Descending Channel. The Price Right now is at the Top of the channel, which means The Price would Touch the Bottom of the channel. If that Happens,Price will reach around 4.9$. there is a little chance that a Bullish Break out Happens and the Price would reach 7.7$ -Dot is in a Descending Channel -Price is at the top of the channel -It will reach 4.9$ or Do a Break out to reach 7.7$ (Little Chance) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
2
Mean Reversion Play for Summer 2022 Be careful700-750 target it probably rallies some this summer, but don't get fooled into Diamond Handing the Mean reversion. it will rug you again in the late summer or fall “The meeting of two personalities is like the contact of two chemical substances: if there is any reaction, both are transformed.” ... “Everything that irritates us about others can lead us to an understanding of ourselves.” ... “Your visions will become clear only when you can look into your own heart.
CRYPTOCAP:TOTAL3
by noam_chom
Polkadot (DOT) - October 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (DOTUSDT 1W Chart) Whether or not it can move higher than 7.16 is the key. (1D chart) In order to get out of the mid- to long-term investment area, it should rise more than 7.16-7.74. To do this, it is necessary to check whether it can be supported in the 6.28-6.60 section or higher. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
2